Air Canada - Company Profile
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Air Canada is a provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market, and the international market to and from Canada. It primarily engages in passenger and cargo transportation services. The company's major services include passenger flights, cargo services, and vacation travel packages. Air Canada Vacations develops and markets vacation travel packages, including flight and hotel packages, car rentals, and travel-related activities. The company operates a fleet of wide-body and narrow-body aircraft, including Boeing and Airbus models. Its services cater to a wide range of customers, including leisure and business travelers, and cargo clients across various industries. The company operates globally, with a strong presence in Canada, the US, and international markets. Air Canada is headquartered in Montreal, Quebec, Canada.
Headquarters
Canada
Address
Air Canada Centre, 7373 Cte Vertu, Boulevard West, Saint-Laurent, Quebec, H4S1Z3
Website
www.aircanada.com
Telephone
1 514 4225000
No of Employees
36,500
Industry
Transport and Logistics
Ticker Symbol & Exchange
AC (TSE)
Revenue (2024)
$16.0B
0.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-62.6%
(2024 vs 2023)
Market Cap*
$5.7B
Net Profit Margin (2024)
XYZ
-62.7%
(2024 vs 2023)
* As of and is in US$
Air Canada premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Passenger Air Transport Services | Air Canada Rouge |
| Cargo Transport Services | Air Canada Vacations |
| Tour Operator Services | Air Canada Express |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In August, the company sold a 25% stake in Aeroplan Inc to funds managed by Blackstone, La Caisse, PSP Investments, and British Columbia Investment Management. |
| 2026 | Contracts/Agreements | In August, the company welcomed the Government of Canada’s announcement regarding an expanded Air Transport Agreement with Nigeria. The company plans to begin scheduled flights to Lagos in 2027 and is initiating the process to secure the necessary government approvals for operations. |
| 2026 | New Products/Services | In July, the company launched a new shuttle service connecting downtown Montreal with Montreal-Trudeau International Airport. |
Competitor Comparison
| Key Parameters | Air Canada | Delta Air Lines Inc | American Airlines Group Inc | Deutsche Lufthansa AG | Air France-KLM SA |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | United States of America | Germany | France |
| City | Saint-Laurent | Atlanta | Fort Worth | Koeln | Paris |
| State/Province | Quebec | Georgia | Texas | Nordrhein-Westfalen | Ile-de-France |
| No. of Employees | 36,500 | 103,000 | 133,300 | 103,305 | 82,714 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vagn Sorensen | Chairman | Executive Board | 2017 | - |
| Michael Rousseau | Chief Executive Officer; Director; President | Executive Board | 2021 | - |
| John Di Bert | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | - |
| Marc Barbeau | Chief Legal Officer; Secretary; Executive Vice President | Senior Management | 2021 | - |
| Mark Galardo | Chief Commercial Officer; Executive Vice President; President - Cargo | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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